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Thursday, November 9, 2017

New York TimesCredit Dennis M. Rivera Pichardo for The New York Times. SAN JUAN, P.R. — A main power line that serves the northern half of Puerto Rico failed Thursday, knocking out electricity to seven cities that had only recently regained service and dealing a … and more …read more Source:: New York City News […]

Oakland City Council Passes Tenant Protection Ordinance OAKLAND, CA Press Release – Tuesday night, the Oakland City Council unanimously passed At-Large Councilmember Rebecca Kaplan’s Uniform Relocation Ordinance, which extends relocation payments to tenants displaced for owner or relative move-ins, as well as tenants who are displaced by condominium conversions. It also creates a Uniform Schedule of Relocation Payments, and conforms existing Ellis Act and code compliance relocation amounts to those in the uniform schedule. Councilmember Kaplan said: “Due to Oakland's exorbitant housing prices, many displaced tenants would be unable to relocate in the City if relocation payments are not authorized, and face an increased risk of homelessness. The impacts of these no-fault evictions are particularly difficult for senior, disabled, and low-income tenants and tenants with minor children. Because tenants displaced for no-fault evictions suffer similar hardships, including an increased risk of homelessness, they should all be eligible for relocation payments designed to mitigate these hardships, and keep Oakland residents safe and sheltered.” Oakland City Council also passed Councilmember Kaplan and Councilmember Dan Kalb’s proposed moratorium on the Substantial Rehabilitation Exemption to rent control. This moratorium seeks to minimize the displacement of tenants unable to afford the higher rents that owners charge after units are removed from the rent control program through the substantial rehabilitation exemption. Numerous members of the public spoke in support of these items, sharing personal stories of struggles facing displacement, and the vital importance of protecting tenants in this very difficult economy.
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New York TimesI’m proud to announce the redesign and reimagining of DealBook, the multi-platform news group I founded at The New York Times in 2001. More on that below. But first, we held our annual DealBook conference on Thursday, which featured a lineup of some … and more …read more Source:: New York City News […]

Oakland City Council Passes Tennant Protection Ordinance OAKLAND, CA Press Release – Tuesday night, the Oakland City Council unanimously passed Councilmember Kaplan’s Uniform Relocation Ordinance, which extends relocation payments to tenants displaced for owner or relative move-ins, as well as tenants who are displaced by condominium conversions. It also creates a Uniform Schedule of Relocation Payments, and conforms existing Ellis Act and code compliance relocation amounts to those in the uniform schedule. Councilmember Kaplan said: “Due to Oakland's exorbitant housing prices, many displaced tenants would be unable to relocate in the City if relocation payments are not authorized, and face an increased risk of homelessness. The impacts of these no-fault evictions are particularly difficult for senior, disabled, and low-income tenants and tenants with minor children. Because tenants displaced for no-fault evictions suffer similar hardships, including an increased risk of homelessness, they should all be eligible for relocation payments designed to mitigate these hardships, and keep Oakland residents safe and sheltered.” Oakland City Council also passed Councilmember Kaplan and Kalb’s proposed moratorium on the Substantial Rehabilitation Exemption to rent control. This moratorium seeks to minimize the displacement of tenants unable to afford the higher rents that owners charge after units are removed from the rent control program through the substantial rehabilitation exemption. Click here for coverage from the East Bay Times. Numerous members of the public spoke in support of these items, sharing personal stories of struggles facing displacement, and the vital importance of protecting tenants in this very difficult economy.
via IFTTThttps://youtu.be/apuS5lzS4Fw

New York TimesThe plan, which was described to the New York Times by multiple senators, will keep the current mortgage interest deduction cap of $1 million, deviating from the House bill, which caps at $500,000 the amount of new mortgage debt on which interest can … and more …read more Source:: New York City News […]

New York TimesPresident Trump with President Xi Jinping of China in Beijing on Thursday. Mr. Trump called on Mr. Xi to redouble Chinese pressure on North Korea over its nuclear and missile programs. Credit Doug Mills/The New York Times. BEIJING — President Trump …Trump wows Chinese president with video of granddaughterNew York Post all 2,120 […]

New York TimesPart of it is “shock value,” said John Homenuk, the founder of New York Metro Weather, because New York has had such a warm season. But even so, what we’re seeing now is about 15 degrees colder than normal for this time of year, Mr. Homenuk said. …read more Source:: New York City […]